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(Figure: Market for Engines) According to the Figure, If There

Question 89

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(Figure: Market for Engines) According to the figure, if there is international trade in this market and the world price of an engine is $1,000, the value of the consumer surplus is:
(Figure: Market for Engines) According to the figure, if there is international trade in this market and the world price of an engine is $1,000, the value of the consumer surplus is: A) $720,000. B) $360,000. C) $320,000. D) $160,000.


A) $720,000.
B) $360,000.
C) $320,000.
D) $160,000.

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